Looking to diversify beyond NBSM? The ETFs below have the lowest correlation with NBSM — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from NBSM.
Best Diversifiers for NBSM
177 ETFs have low correlation with NBSM (below 0.3), 28 of which are negatively correlated. The least correlated is ProShares Short Bitcoin ETF (BITI) (Cryptocurrency) with a 1Y correlation of -0.28, roughly unchanged from -0.31 over 5 years.
| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| ProShares Short Bitcoin ETF | -0.28 | -0.31 | -0.31 | 52 | Cryptocurrency | NBSM vs BITI | |
| Invesco DB Energy Fund | -0.23 | — | — | 57 | Oil & Gas | NBSM vs DBE | |
| iShares S&P GSCI Commodity-Indexed Trust | -0.14 | — | — | 54 | Commodities | NBSM vs GSG | |
| iShares GSCI Commodity Dynamic Roll Strategy ETF | -0.14 | — | — | 52 | Commodities | NBSM vs COMT | |
| iShares iBonds Oct 2026 Term TIPS ETF | -0.14 | — | — | 98 | Inflation-Protected Bonds | NBSM vs IBIC |
See all 1141 diversifiers for NBSM
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